MNGNF (Mars Group Holdings) Days Payable: 43.94 (As of Mar. 2026) — 38% Below Median


What is Mars Group Holdings Days Payable?

Mars Group Holdings MNGNF 88 Days Payable is 43.94 as of Mar. 2026, which is 38% below its 10-year median of 70.61. GuruFocus rates MNGNF with a GF Score™ of 88/100. The stock has 3 warning signs investors should review. Among 781 Travel & Leisure companies, Mars Group Holdings ranks worse than 61.08% on this metric.

Mars Group Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $10.45 Mil. Mars Group Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $21.70 Mil. Hence, Mars Group Holdings's Days Payable for the three months ended in Mar. 2026 was 43.94.

The historical rank and industry rank for Mars Group Holdings's Days Payable or its related term are showing as below:

MNGNF' s Days Payable Range Over the Past 10 Years
Min: 34.69   Med: 70.61   Max: 83.74
Current: 42.12

During the past 13 years, Mars Group Holdings's highest Days Payable was 83.74. The lowest was 34.69. And the median was 70.61.

MNGNF's Days Payable is ranked worse than
61.08% of 781 companies
in the Travel & Leisure industry
Industry Median: 56.37 vs MNGNF: 42.12

Mars Group Holdings's Days Payable declined from Mar. 2025 (54.83) to Mar. 2026 (43.94). It may suggest that Mars Group Holdings accelerated paying its suppliers.


Mars Group Holdings Days Payable Historical Data

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The historical data trend for Mars Group Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mars Group Holdings Days Payable Chart

Mars Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.29 87.11 82.19 50.69 35.96

Mars Group Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.83 42.92 47.83 42.91 43.94

MNGNF vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Mars Group Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mars Group Holdings Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mars Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Mars Group Holdings's Days Payable falls into.



Mars Group Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Mars Group Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (10.919 + 7.808) / 2 ) / 95.037*365
=9.3635 / 95.037*365
=35.96

Mars Group Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (13.088 + 7.808) / 2 ) / 21.697*365 / 4
=10.448 / 21.697*365 / 4
=43.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 43.94 mean?
Mars Group Holdings (MNGNF) has a Days Payable of 43.94 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mars Group Holdings and its competitors. This is 38% below median its historical median of 70.61. Over the past decade, Mars Group Holdings' Days Payable has ranged from 34.69 to 83.74. According to the industry distribution chart, Mars Group Holdings ranks #477 out of 781 companies in the Travel & Leisure industry, placing it in the top 61.1%.
Is Mars Group Holdings' Days Payable too high?
Mars Group Holdings' current Days Payable of 43.94 is 38% below median its 10-year median of 70.61. Over the past 10 years, this metric has ranged from a low of 34.69 to a high of 83.74. The Travel & Leisure industry median Days Payable is 56.37. Mars Group Holdings' value of 43.94 is 22.1% below this industry median. Based on the distribution chart, Mars Group Holdings ranks #477 out of 781 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Mars Group Holdings has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Mars Group Holdings' Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Mars Group Holdings ranks #477 out of 781 companies for Days Payable. This places Mars Group Holdings in the lower half of its industry. The industry median Days Payable is 56.37. Mars Group Holdings' value of 43.94 is 22.1% below this benchmark. Historically, Mars Group Holdings' own Days Payable has ranged from 34.69 to 83.74 over the past decade. While the company's 10-year median is 70.61 vs. the industry median of 56.37, Mars Group Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.37, based on 781 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mars Group Holdings's current Days Payable of 43.94 is 22.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mars Group Holdings and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mars Group Holdings's current Days Payable is 43.94, which is 38% below median its own 10-year median of 70.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mars Group Holdings stock overvalued right now?
Mars Group Holdings (MNGNF) has a current Days Payable of 43.94. The current Days Payable is 43.94, which is 38% below median its 10-year median of 70.61 and 22.1% below the Travel & Leisure industry median of 56.37. Mars Group Holdings' overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Mars Group Holdings (MNGNF), the current Days Payable is 43.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mars Group Holdings Business Description

Other Exchanges 6419:Japan
Address 1-10-7 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Mars Group Holdings Corp engages in the operation of amusement and hotel-related businesses. It operates through the following divisions: Amusement, Automatic Recognition System, and Hotel. The Amusement division provides peripheral equipment for amusement-related facilities. The Automatic Recognition System division deals with RFID (radio frequency identification) and barcodes in the fields of medicine, education, library, and factory automation. The Hotel division handles hotels and restaurants operations in Fukuoka, Shizuoka, and Tokyo.